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Business Systems Research : International journal of the Society for Advancing Innovation and Research in Economy, Vol. 2 No. 2, 2011.

Original scientific paper

Invited article: Adaptability

Olivia Parr Rud ; Oliviagroup.com

Full text: english pdf 82 Kb

page 4-12

downloads: 1.046

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Abstract

For the last several decades, organizations have dealt with economic shifts using change management. Based on the new science, there are two major flaws with this approach. First, the word change implies an event with an ending. Second, it implies that change can be managed. In a world of economic volatility, this approach is no longer viable. The continuous climate of uncertainty and volatility demands another view, one that supports adaptability and resilience.

Keywords

Organization; alignment; speed of change; economic volatility; market shift; Total Quality Management; Business Process Engineering; living systems; chaos; evolution; fifth discipline; learning organization; system thinking

Hrčak ID:

75803

URI

https://hrcak.srce.hr/75803

Publication date:

1.12.2011.

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